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on Cultural Economics |
| By: | Jan van der Borg (Department of Economics, University Of Venice Cà Foscari); Erwin van Tuijl (Erasmus University Rotterdam); Alessandro Costa (Sino-Italian Cooperation Program for Environmental Protection) |
| Abstract: | After reading Richard Florida’s work (e.g. Florida, 2003) on the creative industry and on the importance of the creative class for urban development in post-industrial economies, many cities in Europe and the USA have started to invest in creativity in general and in design in particular. Much less is known about the role of creativity in industrial economies. This paper analyses the role of design in the economic and social development of China’s political and cultural capital Beijing. We will try to identify the main success factors and barriers for the design business and show how design can be further used for social and economic development of the city. Backed up by conspicuous state investments and by fast decision making, industrial areas have been transformed and neighbourhoods have been revitalised, infrastructure has been upgraded, and some modern iconic landmarks are added to the collection of old monuments. Moreover, priority has changed from “Made in China” to “Create in China”, allowing economic activities to move upwards in the value chain. Nevertheless, and despite the presence of key research and art institutes, further developments of the design sector and the use of design in other (manufacturing) sectors will still be a huge challenge. |
| Keywords: | Creative Industry, Design, Urban Development, Industrial Economy, Beijing, China |
| JEL: | P21 R11 R30 R38 R53 Z11 |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:ven:wpaper:2010_03&r=cul |
| By: | Seth R. Gitter (Department of Economics, Towson University); Thomas Rhoads (Department of Economics, Towson University) |
| Abstract: | The established literature shows that new stadium construction for major league baseball (MLB) teams can increase attendance, but there are limited studies at the minor league level. We use a data set encompassing all A, AA, and AAA minor league baseball teams from 1992 to 2006 to estimate the impact of stadium construction on minor league attendance. This data set includes almost 200 teams, over half of which constructed a new stadium during the 15-year observation period. Over a ten year period our results show that new stadiums increase attendance by 1.2 million fans at the AAA level, 0.4 million at the AA and high A level, and 0.2 million at short season low A. Additionally, we find evidence that minor and major league baseball are potentially substitutes as increased ticket prices for the nearest MLB team lead to higher minor league attendance. However, a new stadium for local MLB teams does not seem to negatively impact minor league attendance. |
| Date: | 2010–03 |
| URL: | http://d.repec.org/n?u=RePEc:tow:wpaper:2010-06&r=cul |